High-Risk / High-Reward Deal – Tenant Issue + Big Upside

West Philly | RM-1 Shell | Multifamily Conversion | High-Upside Opportunity
xx70 Kershaw St, Philadelphia, PA 19131

ATTENTION EXPERIENCED INVESTORS & DEVELOPERS!
Here’s a value-add multifamily opportunity in West Philadelphia featuring a 1,837 sq ft building with RM-1 zoning, offering multiple redevelopment paths. With strong ARV potential and high Section 8 rent ceilings, this property is ideal for investors comfortable handling tenant issues and looking to maximize returns through conversion and renovation.

🏠  Property Details:

• Approx. 1,837 sq ft building
• Lot size: approx. 1,400 sq ft
• Zoning: RM-1 (Multifamily Potential)
• Sold as-is

💡  Key Highlights:

Prime for multifamily conversion

• Potential layouts (buyer to verify):
• Triplex: 2 studios + 1 two-bedroom
• Duplex: 2 × two-bedroom units

Strong ARV upside:

• Single-family: $250K–$270K
• Duplex: $320K–$330K
   

High Section 8 rent potential:

• Studio: up to $1,550/month
• 1 Bedroom: up to $1,690/month
• 2 Bedroom: up to $2,010/month

⚠️  Important Notes:

• Non-paying tenant in place
• Seller has old lease on file
• Buyer responsible for tenant resolution / legal process
• Ideal for investors experienced with evictions and repositioning

🔥  Perfect for:

• Section 8 strategy investors
• Multifamily developers
• High cash-flow reposition projects

📞☎️ Call or text our team at: 215-395-6211

For any showing appointment, POF will be required!